ATC Receives $500,000 in LRAD Orders
American Technology Corporation (ATC) (NASDAQ: ATCO), a provider of directed sound products and technologies, announced it has received new LRAD orders from the U.S. Army and a commercial shipping customer. quarter. The U.S. Army ordered the additional LRAD 500X systems for deployment and for operational testing and evaluation as part of its Acoustic Hailing Device (AHD) program. In May 2007, ATC won a competitive proposal to supply a next generation AHD for the U.S. Navy and U.S. Army’s small vessels and vehicles. The LRAD 500X exceeded the voice transmission requirements of the joint project team and is the only device that meets the performance, weight, and size requirements for both armed services.
American Technology, New Navy Contracts
American Technology Corporation (ATC) (NASDAQ: ATCO), a provider of directed sound products and technologies, has received two new LRAD orders totaling $2.7m from the U.S. Navy. The orders were received late last quarter (fiscal Q1) and are scheduled to ship in fiscal Q2. The first order, totaling $2.3m, includes LRAD 500X systems for deployed security forces and enhanced LRAD 500 systems for force protection and anti-terrorist applications. LRAD 500X is the only acoustic hailing device (AHD) that meets the U.S. Navy’s intelligible voice transmission, size, power, and weight requirements. This is the third major order secured through maritime security representative, Anchor Innovation. “Recently, the U.S. Navy and the U.S.
